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The Electronic Logging Device (ELD) Market: A Comprehensive Guide to the Future of Trucking |Key Players- Blue Ink Technology, Inc., AT&T Inc

The decline in the growth of the vital sectors negatively influenced the market forces (demand & supply), which resulted in significant revenue losses of Electronic Logging Device (ELD) manufacturers.
Published 31 July 2023

Electronic Logging Device (ELD) Market Report: Understanding the Primary Insights & Opportunistic Areas of the Industry (2022-27)

MarkNtel Advisors offers a deep-driven study on the Global Electronic Logging Device (ELD) Market, incorporating several aspects like market growth drivers, opportunities, restraints, & challenges, among others. The report aims to enable stakeholders to understand the fluctuating industry patterns and make informed decisions associated with investments & participation to yield higher profits in the coming years.

According to the report, the Electronic Logging Device (ELD) Market is set to record around 3.85% CAGR during 2022-27. The key factors affecting the growth trajectory of the industry during the projected timeline have been well-explained in the study, along with key trends and recent developments, among others,

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Why to Choose Our Electronic Logging Device (ELD) Market Research Report?

MarkNtel Advisors focuses on delivering well-curated research reports that cater to niche industries & emerging geographies, whether on a global, regional, or national scale. Our most recent publication, the "Electronic Logging Device (ELD) Market Research Report," comprehensively covers every significant aspect related to the industry. It offers a clear & insightful outlook on the market, providing authentic data & statistics. The study includes a concise definition of the product/service, an in-depth analysis of its applications & developments, and a thorough examination of its top competitors. Additionally, we delve into the driving forces propelling the market's progress, identify potential growth opportunities, and outline the factors impeding its advancement.

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Primary Parameters as per Which the Data is Cited:

  • Period & Statistics
  • Historical Period: 2017-20
  • Base Year: 2021
  • Forecast Years: 2022-27
  • Focused on both primary & secondary research methodologies to attain precise & reliable information.
  • Detailed examination of the historical, present, and future period, supported with the accentuating developments by the industry players.
  • Stressed upon various verticals & segmentations and their role in achieving the projected growth rate.
  • Special addition of SWOT analysis & Porter’s five forces analysis to curate an accurate path of the industry.
  • Stresses upon the top down & bottom up approach to appraise numerous divisions & deliver unbiased assessment.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐭: https://www.marknteladvisors.com/query/request-customization/electronic-logging-device-eld-market.html

Growth Restraint: High Initial Costs of Vehicles with Pre-Installed ELDs

Embedded ELDs used in commercial vehicles are costlier than the externally integrated ones since they consist of a touchscreen display to offer the required information and are highly accurate & reliable. The companies operating in the commercial vehicle sector would take some more time to opt for vehicles with pre-installed ELDs and shift to a fully-digital mode of operations, owing to their high costs. Hence, the cost associated with ELDs is the prime challenge to the overall market growth.

Exploring the Segmentations of the Electronic Logging Device (ELD) Industry

To provide a comprehensive understanding of the Electronic Logging Device (ELD) Market, we conduct an extensive examination of each segment and its sub-segments. This section of the report offers a detailed analysis of size & volume based on various categorizations. Our aim is to assist our valuable clients in identifying the crucial factors contributing to the industry's growth & enabling them to enhance their end-user positioning, strategic decisions, and revenue generation.

By Vehicle Type

  • Light Commercial Vehicle
  • Medium & Heavy Commercial Vehicle
  • Passenger Cars
  • Others

By Installation

  • Embedded
  • Externally Integrated
  • By Components
  • Engine Module
  • Display
  • Telematics

Key Competitors in the Electronic Logging Device (ELD) Market

In this section, we will delve into a comprehensive analysis of the Electronic Logging Device (ELD) Market, including key players & regional/country assessments. The market is highly dynamic, with a diverse range of competitors who are continuously introducing innovative & lucrative solutions, contributing to the industry's growth.

  • Blue Ink Technology, Inc
  • AT&T Inc
  • CarrierWeb LLC
  • Donlen Corporation
  • Garmin Ltd
  • Geotab Inc
  • KeepTruckin Inc
  • Omnitracs LLC
  • ORBCOMM Inc
  • Pedigree Technologies LLC
  • Samsara Inc
  • Stoneridge Inc
  • Teletrac Navaman US Ltd
  • TomTom International BV
  • Transflo

Exploring the Regions/Countries!

Our qualified researchers & analysts use all their skills & also lists out the detailed picture of every region/nation, to assist the stakeholders about the status of the market in each of the areas.

Geographically, the industry expands across:

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Key Questions Addressed in the Electronic Logging Device (ELD) Market Research Report:

  • What is the estimated size, share, & CAGR of The Electronic Logging Device (ELD) Marketin the forecast period?
  • What are the key trends projected to impact the Electronic Logging Device (ELD) Marketduring 2022-27?
  • What are the different segments & sub-segments considered in the Electronic Logging Device (ELD) Marketresearch study?
  • Who are the key stakeholders and players participating in the Electronic Logging Device (ELD)Market?
  • What would be the demand for different types of products/services in the Electronic Logging Device (ELD) Market through 2027?

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About Us:

MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

We understand the growing need of our clients and thus focus on emerging industries to provide our services which can fulfil their need for assessing the current and future industry potential, identification of white spaces & hotspots and venturing into new geographies or business segments.

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